Read the OP - question was what do the 'pros' (whatever that means) talk in terms of.
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The question was : How many pips does a pro rake in per week on average?
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And I wasn't being pedantic - I spelled out exactly how the wholesale market traders would more often look at their performance metrics. I stand by what I said - no-one at a large bank, hedge fund, reputable prop trading desk etc would sit down and go "You know what - I made fifty pips yesterday".
But in the end the question is just a distraction and the answer is irrelevant and unimportant. What other people are doing in ABSOLUTE terms should be no bellweather of what you are doing imho.
preciesly, so there is no point arguing about how people convey things, especially if one is not talking in anothers absolute terms
Everyone is different. Everyone has different circumstances.
so noone is wrong or right in my opinion, only what makes a positive bottom line over the long term
That is precisely why people talk in terms of Sharpe ratios etc - at least it's a more relevant measure of performance. Pips doesn't even say what bloody currency pair / instrument we're talking about for gods sake.
I did, if you look at my answer, you will find that i gave a bried snapshot of my R:R what currency pairs but ommitted my expectancy........
If I take 600 pips out of eur/gbp in a quiet day's trading you can bloody well all kneel down before me as I'm a goddamn trading GOD. If I do it in usd/zar it's just an ok day at the office (as the best range I think I ever saw on that puppy was 50 big figs or 5000 of your earth pips).
See where I'm going with this. Wooly question - wooly answer.
so why then, does a trader, need to talk the talk as opposed to walking the walk.
you want to be a 'pro trader' learn to talk like one -